WHAT SHOULD
DIGITAL MONEY
LOOK LIKE?

Our world is becoming increasingly digital, and so is our money.

That begs the question: what do we want our digital money to look like?

Many countries are exploring issuing a Central Bank Digital Currency (CBDC) which is a fully digital form of our existing currency.

Let's take a look at the difference between two forms of digital money: Bitcoin & Central Bank Digital Currencies (CBDCs).

BITCOIN

Spend without permission

CBDC

Requires permission to spend

Bitcoin is designed to give you total control over your money. No one can stop you from transacting with Bitcoin. CBDCs are designed to give governments and central banks total control over your money and limit your privacy and freedom.

BITCOIN

Your money never expires

CBDC

Your money can expire

Bitcoin never expires and has no monthly fees. CBDCs can be programmed to expire to prevent you from saving for the future.

BITCOIN

Fixed supply of 21M BTC

CBDC

No limit on total supply

Bitcoin has a hard cap of 21 million BTC that will ever exist. CBDCs, much like the currencies we use today, have no cap on total supply. This lack of cap on total supply allows the government to expand the money supply, which causes inflation.

BITCOIN

Pseudonymous

CBDC

Linked to government ID

Bitcoin addresses are psuedonymous, which means they are not linked to your real name or identity. CBDCs are directly linked to your real name and identity which enables massive financial surveillance and censorship.

BITCOIN

Decentralized

CBDC

Centralized

The Bitcoin Network is decentralized with tens of thousands of independent nodes validating the network. CBDCs are centralized in the hands of the government and central banks, which gives them complete control over the CBDC network.

BITCOIN

Users can run nodes

CBDC

Users can't run nodes

Bitcoin allows anyone to run a node that verifies the rules of the network are being followed. CBDCs don't allow anyone to run nodes and rely on trust in the government and central banks.

BITCOIN

Can't be frozen

CBDC

Easily frozen

Bitcoin is designed to make it impossible for others to freeze your money. CBDCs are designed to make it easy for governments and central banks to freeze your money.

BITCOIN

Can be self-custodied

CBDC

Must trust custodians

Bitcoin is designed to give users full control over their money. This means you can self-custody your Bitcoin and keep your money in your control. CBDCs require you to trust custodians, like a bank or government, to hold your money for you.

BITCOIN

Predictable monetary policy

CBDC

Changing monetary policy

Bitcoin has a predictable monetary policy that is fixed in code and can't be changed. CBDCs, like our currencies today, have a monetary policy that can easily be changed. This results in inflation when politicians print too much money.

BITCOIN

Secure

CBDC

Insecure

Bitcoin is the most secure computing network that has ever existed and has never been hacked. CBDCs rely on governments and banks to secure the network, which have been hacked countless times throughout history.

GET STARTED
WITH BITCOIN

Learn more about Bitcoin

WEBSITE
Bitcoin.rocks

Get your first Bitcoin Wallet

GUIDE
Bitcoin.rocks

Start Saving in Bitcoin Today

WEBSITE
River.com